David Duffy

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AIB Headquarters in Ballsbridge Dublin. Photograph: Bryan O'Brien

AIB has announced reductions of up to 0.38 per cent in its mortgage rates for owner occupier and buy- to-let home loans. These include a cut of 0.2(...)

AIB chief David Duffy told Dáil banking inquiry the bank  was travelling at “200 miles an hour in the wrong direction” when he arrived. Photograph: Alan Betson

AIB would have been at high risk of collapse if it was not guaranteed by the State, chief executive David Duffy told the Dáil’s banking inquiry yeste(...)

   Ulster Bank CEO Jim Brown photographed in 2014. File photograph: David Sleator/The Irish Times

Both Ulster Bank and Bank of Ireland have ruled out any imminent rate cuts for customers with Standard Variable Rate mortgages and set the banks on a (...)

AIB chief executive David Duffy said 4,000 people have left the bank since he took over.

The Oireachtas Banking inquiry resumed after lunch with AIB chief executive David Duffy answering questions. Mr Duffy, who is leaving the institution,(...)

Ex-chief executive Eugene Sheehy said: ‘I am keenly aware of the damage caused and this fact occupies my thoughts on a daily basis’.

Former AIB chief executive Eugene Sheehy has told the Oireachtas Banking Inquiry that there would have been “panic on the streets” and a run on deposi(...)

Chairman Richard Pym at the AIB annual general meeting at Ballsbridge, Dublin. Photograph: Eric Luke

AIB did its best to portray a softer image at its agm in Ballsbridge yesterday. Gone was the politburo-style platform, with board members looking down(...)

Bernard Byrne, who has held a number of leading roles in AIB, has been named as new chief executive. Photograph: Eric Luke/The Irish Times

AIB has sought permission from regulators to appoint Bernard Byrne as its new chief executive in succession to David Duffy, who resigned from the pos(...)

Man with a plan: David Duffy, the head of AIB, gave big hints to the Oireachtas finance committee that he intends to cut the standard variable rate that his beleaguered customers pay. Photograph: Alan Betson

Did I hear that AIB has cut its mortgage interest rates again? Not exactly. But you may well have heard some talk of it. This week Allied Irish Banks’(...)

David Duffy, AIB chief executive officer,  speaking to Conor Lenihan before addressing the Oireachtas Joint Committee on Finance, Public Expenditure and Reform at the Dail. Photograph: Alan Betson

The chief executive of AIB David Duffy and other senior executives at the bank were grilled for more than two hours by the Oireachtas Finance Committe(...)

Head of AIB Daid Duffy told an Oireachtas Finance Committee hearing that if market conditions and the bank’s costs of funding continue to improve it will be in a position to cut its SVR rates.

Almost 150,000 AIB customers with Standard Variable Rate mortgages are in line for an interest rate cut within weeks, the bank’ chief executive, David(...)

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